MUSA vs. BALT
Compare and contrast key facts about Murphy USA Inc. (MUSA) and Innovator Defined Wealth Shield ETF (BALT).
BALT is an actively managed fund by Innovator. It was launched on Jul 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUSA or BALT.
Key characteristics
| MUSA | BALT | |
|---|---|---|
| YTD Return | 44.95% | 6.97% |
| 1Y Return | 53.23% | 9.10% |
| 3Y Return (Ann) | 46.54% | 5.81% |
| Sharpe Ratio | 2.21 | 2.91 |
| Daily Std Dev | 23.40% | 3.08% |
| Max Drawdown | -33.72% | -2.16% |
| Current Drawdown | -3.83% | -0.16% |
Correlation
The correlation between MUSA and BALT is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MUSA vs. BALT - Performance Comparison
In the year-to-date period, MUSA achieves a 44.95% return, which is significantly higher than BALT's 6.97% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MUSA vs. BALT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Murphy USA Inc. (MUSA) and Innovator Defined Wealth Shield ETF (BALT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MUSA vs. BALT - Dividend Comparison
MUSA's dividend yield for the trailing twelve months is around 0.33%, while BALT has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
MUSA Murphy USA Inc. | 0.33% | 0.43% | 0.45% | 0.52% | 0.19% |
BALT Innovator Defined Wealth Shield ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MUSA vs. BALT - Drawdown Comparison
The maximum MUSA drawdown since its inception was -33.72%, which is greater than BALT's maximum drawdown of -2.16%. Use the drawdown chart below to compare losses from any high point for MUSA and BALT. For additional features, visit the drawdowns tool.
Volatility
MUSA vs. BALT - Volatility Comparison
Murphy USA Inc. (MUSA) has a higher volatility of 6.13% compared to Innovator Defined Wealth Shield ETF (BALT) at 1.16%. This indicates that MUSA's price experiences larger fluctuations and is considered to be riskier than BALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.